UK-based drinks company Diageo has proposed to increase stake in Chinese spirits firm Sichuan Shuijingfang Company (SJF) and take majority control of the company. Diageo approached the board of directors of SJF with a proposal for a ...
Impossible Foods says that it has passed important milestones for food safety, including a unanimous expert-panel affirmation of the safety of a key ingredient used in its products. A panel of food safety and allergy experts at three ...
Tags: Impossible Foods, food safety
Middle-market private investment company Highlander Partners has acquired Gimbal Brothers, a manufacturer of gummy vitamins and gourmet jelly beans. Highlander Partners has also formed Bettera Brands to pursue confection and snack ...
Tags: gummy vitamins, beans
Impossible Foods has launched its first large-scale production facility, which could allow the company to make about 1 million pounds of meat a month, directly from plants, when fully ramped up. The goal for the East Oakland site is to ...
ZF has established a company to invest in technology companies. Zukunft Ventures GmbH, headquartered in Friedrichshafen, opened its doors for business in September 2016. The new company’s mission is to identify and invest in companies ...
Tags: Zukunft Ventures
Advantage Capital Agribusiness Partners (ACAP) has invested $2m in Hip Chick Farms to support release of new products. The company is looking to grow by supplying its products to large retailers like Target and Kroger. Based in ...
Tags: ACAP, Hip Chick Farms, fund
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
Oman is close to awarding construction contracts and reaching financial close for its planned Liwa Plastics petrochemicals complex and Salalah LPG plant, sources close to the projects said Monday. Approximately $5.2 billion of funding is ...
Bridgelux, a leading developer and manufacturer of solid state lighting (SSL) technologies, today announced it has entered a definitive agreement to be acquired by an investment group led by the China Electronics Corporation (CEC), and ...
Quotes/ Perspectives from LEDinside: “CEC’s acquisition of Bridgelux will shield Epistar’s orders from being divided by other LED manufacturers, by keeping LED orders within Epistar affiliated companies,” said ...
Tags: CEC, smart lighting, LED
Globalized competition is inevitable in the LED industry with an increasing number of overseas LED companies entering Chinese market and vice versa. Chinese LED companies acquire renowned international manufacturers, fewer companies ...
The Wilkins Group is investing over $3m into a brand new state of the art factory on the island of Sri Lanka. The Wilkins Group bought the land overseas back in 2013, and work began on the two-acre site at the back end of last year, with ...
Tags: Wilkins Group, LEED certification
Central China Chemical Industry Development and Technical Cooperation Forum, hosted by China Investment Promotion Agency and Secretary of the 9th Expo Central China Committee, undertaken by Chemical Industry Investment Promotion Committee ...
On Sep. 10, MLS announced that the company will spend RMB$ 180 million (US$ 278.2 million) to purchase stock in Kaistar Lighting with private fund, acquiring 10.91% of Kaistar’s shares. Kaistar Lighting is a joint venture ...
Toyota Motor Corporation (TMC), Sumitomo Mitsui Banking Corporation (SMBC), and SPARX Group (SPARX Group) have signed a memorandum of understanding to consider the establishment of a new investment fund aiming to encourage innovation and ...
Tags: automobile manufacture, vehicle technology, intelligent technology